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These days, finding an affordable place to live in the 56557 area can be challenging. Home prices in 56557 are now at a median cost of $97,926, lower than the Minnesota average of $269,934.
The average cost of rent is $664/mo in 56557, primarily driven by the current value of real estate in the 56557 area. While nearly 53.53% of residents own their homes outright in 56557, 39.84% rent.
Housing affordability isn’t just about home prices, though. The average household income in 56557 is $3,655 per month. Households that rent pay about 18.18% of their income on rent here. 56557's most expensive areas are in the western regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 56516, MN: higher priced homes
- 56566, MN: higher priced homes
- 56584, MN: equally priced homes
- 56545, MN: higher priced homes
- 56651, MN: higher priced homes
- 56621, MN: higher priced homes
- 56510, MN: higher priced homes
- 56678, MN: higher priced homes
- 56550, MN: equally priced homes
- 56548, MN: higher priced homes
Zip Codes with Similar Populations
- 02808, RI: higher priced homes
- 22482, VA: higher priced homes
- 16353, PA: equally priced homes
- 15956, PA: equally priced homes
- 14525, NY: higher priced homes
- 12138, NY: higher priced homes
- 10984, NY: higher priced homes
- 08741, NJ: higher priced homes
- 06018, CT: higher priced homes
- 04861, ME: higher priced homes
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